This text covers the full range of topics in international money and finance, giving solidattention to 3 key areas - international finance, open-economy macroeconomics, andinternational money and banking. It consistently connects theory to real-world policy andbusiness applications (and strikes a balance between business relevance and policy relevance),demonstrating to students the contemporary applications that can be explored, and thatinternational monetary and financial economics is a dynamic and interesting subject area thathas become of great importance for international affairs and business.